Zepz
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Sendwave
Acquisition in 2020
Sendwave is an app-based remittance company focused on facilitating seamless cross-border money transfers. The application allows users to send instant, no-fee transfers from the US, UK, and Canada to several African countries, including Kenya, Uganda, Tanzania, Ghana, and Nigeria. By linking a debit card and verifying their identity, users can effortlessly send money to friends and family, ensuring a safe and efficient transaction process. Sendwave aims to simplify the remittance experience, making it as straightforward as sending a text message.
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